economy anywhere from 20 to $50 billion. that is really just an early estimate. elizabeth mcdonald is live in our new york city newsroom with the break down of all of this. elizabeth. >> yeah, that's right, jon. the economic estimate are pouring in and sandy is now expected to rank among the top ten costliest u.s. hurricanes ever. the economic impact of sandy is still unclear. damage estimates do vary as you pointed out from 20 billion to as high as $50 billion. that means sandy could be on a par with the historic 1938 hurricane that slammed new york's long island and rhode island. now the new york stock exchange will open tomorrow, that is what the big board is telling us, but separate from that u.s. retailers may see holiday sales hurt as many is diverted to spend on rebuilding. an oil and gas prices could rice in the northeast if east coast refineries are shut down for a prolonged period. 7% of u.s. oil capacity is located in the region, which basically delivers about 15% overall of u.s. gdp. however, jpmorgan chase is forecasting that about $36 billion could